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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Business Partners launches R150m SME Youth Jobs Fund

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Small and medium-sized enterprise (SME) financier Business Partners has established a R150-million SME Youth Jobs Fund to enable established SMEs to create new employment opportunities for young South Africans, while supporting business growth and driving inclusive economic development. The launch comes as youth unemployment remains one of the country's most pressing socioeconomic challenges. 

Green hydrogen-focused private equity fund reports R3bn first close

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Blended finance private equity fund SA-H2, which focuses on the green hydrogen value chain and the Southern African energy transition, has achieved its first close with R3-billion in commitments from public and private institutions. The milestone was announced by Climate Fund Managers, a climate-focused blended finance investment manager operating in emerging markets across Africa, Asia and Latin America.

Joshco launches city-wide housing needs survey

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The Johannesburg Social Housing Company (Joshco) has, in partnership with the City of Johannesburg Department of Human Settlements, launched a city-wide housing needs analysis survey to establish an empirical baseline to determine actual housing demand, spatial preferences, affordability profiles and specific tenure requirements across the municipality. The survey will run across all seven city regions – Regions A to G – and from August 4 to 30.

MTN injects R322m into Limpopo

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Telecommunications group MTN South Africa plans to invest R332-million into network infrastructure across Limpopo in the 2026 financial year. The planned investment will strengthen network capacity, expand connectivity and improve service resilience across the province.

Dangote has 'strong intent' for South Africa listing after Nigeria IPO – JSE

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The JSE has engaged with Nigeria's Dangote Group and said the company could list its petroleum refinery in South Africa after a Nigerian IPO, a spokesperson told Reuters on Wednesday. "They will list in Nigeria first but with strong intent to hopefully bring the listing to South Africa," the JSE said in an emailed response to Reuters questions.
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